Auto Warranty Companies Fight For Your Business
extended auto warranty - The world of auto warranty companies is actually a fiercely competitive one. You will find a limited variety of cars on the road - granted, there are many them, and every one of them, at some point or still, has or enjoyed a warranty - but with the multitude of companies fighting for that business of the drivers, it means that every car owner will be the target of some very hungry sales reps.
This can be quite a daunting position to stay in for a car owner. Regardless if you are purchasing a new car from the dealership, or buying a used car, you will see people promoting you their warranty services.
Inside the dealership, you might encounter a pushy sales representative that will try everything they are able to to obtain to sign on to have an extended warranty when you help make your initial purchase. You will find advantages to buying at that time, including obtaining the costs from the warranty rolled up in to the financing for that car, and realizing that your dealership will continue being the place to have any repairs or replacements done. But these comforts might end up costing you hundreds or 1000s of dollars in the end. Sales agents make large commissions on warranties, so they're eager to obtain to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will need to pay more up-front with those third-party companies, rather than adding a small number for your monthly car payment bills. But it would likely save a little money.
But just as not all the car sales person has gone out to rip you off, not every third-party providers are good guys, either. The terms and conditions of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to achieve you as a client, so use that to your advantage. Make a price comparison, look at all the relation to the warranties offered, and tell the companies you consult with “hey, make me the most effective offer.” If they can't, someone else will.